iPhone Ultra Rumor: Apple’s $2,399 Foldable Takes Shape

Fubon’s price forecast for Apple’s first foldable iPhone has fueled talk of an iPhone Ultra, as 9to5Mac and CNET map out its tier and design.

Apple’s next revolution might ‘fold’ into an Ultra. A fresh analyst forecast has reignited speculation that Apple’s first iPhone Ultra could be a foldable with a sky-high sticker price.

The spark comes from Fubon Research’s Arthur Liao, whose note pegs a 2026 foldable iPhone at about $2,399, a price point now fueling the iPhone Ultra rumor. Analysts hint it could be Apple’s priciest iPhone yet.

Apple’s ‘only spotlight’

Liao’s forecast went beyond price to paint a bleak backdrop for the broader market. He expected global smartphone shipments to shrink about 4% in 2026, with China and iPhone volumes both sliding in tandem. In that environment, he described Apple’s foldable as “the ...